Comment Text:
i0-001
COMMENT
CL-02901
From:
Sent:
To:
Subject:
jgj martin
Friday, January 22, 2010 5:44 PM
secretary
Proposed changes to margins on retail forex trading
Dear Sir/Madam,
rm writing to implore you don't make changes to the current structure (especially margins) for
trading spot FX with retail dealers, nor make any changes in margins requirements for futures.
I've painstakingly learned how to trade the forex over years and have spent thousands of
hours doing so. I've come to rely on the income it can provide in these uncertain times.
But, if you cap the margins at 10:1, I'll lose that income. I won't be able to engage in that
activity any more. Years and years of work down the drain.
And, I don't know what I can posssibly do for income at my age. I'd virtually be wiped out.
Please don't make those changes. Please.
Thank you, Jacques Martin
